CarMax 2015 Annual Report Download - page 48

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
See accompanying notes to consolidated financial statements.
44
Accumulated
Common Capital in Other
Shares Common Excess of Retained Comprehensive
(In thousands) Outstanding Stock Par Value Earnings Loss Total
BALANCE AS OF FEBRUARY 29, 2012 227,119 $ 113,559 $ 877,493 $ 1,744,519 $ (62,459) $ 2,673,112
Net earnings ― ― ― 434,284 ― 434,284
Other comprehensive income ― ― ― ― 2,651 2,651
Share-based compensation expense ― ― 37,294 ― ― 37,294
Repurchases of common stock (5,762) (2,881) (24,066) (185,031) ― (211,978)
Exercise of common stock options 4,016 2,008 69,737 ― ― 71,745
Stock incentive plans:
Shares issued 791 395 155 ― ― 550
Shares cancelled (258) (128) (8,221) ― ― (8,349)
Tax effect from the exercise of
common stock options ― ― 19,858 ― ― 19,858
BALANCE AS OF FEBRUARY 28, 2013 225,906 112,953 972,250 1,993,772 (59,808) 3,019,167
Net earnings ― ― ― 492,586 ― 492,586
Other comprehensive income ― ― ― ― 13,537 13,537
Share-based compensation expense ― ― 36,429 ― ― 36,429
Repurchases of common stock (6,860) (3,430) (30,566) (272,142) ― (306,138)
Exercise of common stock options 2,337 1,168 43,977 ― ― 45,145
Stock incentive plans:
Shares issued 453 227 273 ― ― 500
Shares cancelled (150) (75) (6,071) ― ― (6,146)
Tax effect from the exercise of
common stock options ― ― 21,917 ― ― 21,917
BALANCE AS OF FEBRUARY 28, 2014 221,686 110,843 1,038,209 2,214,216 (46,271) 3,316,997
Net earnings ― ― ― 597,358 ― 597,358
Other comprehensive loss ― ― ― ― (19,120) (19,120)
Share-based compensation expense ― ― 43,341 ― ― 43,341
Repurchases of common stock (17,511) (8,756) (86,933) (817,353) ― (913,042)
Exercise of common stock options 4,390 2,195 87,616 ― ― 89,811
Stock incentive plans:
Shares issued 461 231 (231) ― ― ―
Shares cancelled (156) (78) (7,268) ― ― (7,346)
Tax effect from the exercise of
common stock options ― ― 48,786 ― ― 48,786
BALANCE AS OF FEBRUARY 28, 2015 208,870 $ 104,435 $ 1,123,520 $ 1,994,221 $ (65,391) $ 3,156,785